Oranjewoud N.V. Results for Q3 2011

1 december 2011

Net profit more than doubles, net revenue down

  • Net revenue fell significantly by 10.6% to €493.7 million (2010: €552.0 million).
  • EBITDA fell significantly by 8.0% to €24.5 million (2010: €26.7 million).
  • The backlog dropped to €2.2424 billion (2010: €2.3129 billion), a decrease of 3.0%.
  • Solvency rose from 13.3% to 17.8% and outside of PPP projects, it rose from 17.1% to 24.5%.
  • Net profit has enjoyed strong growth (+137.9%)
  • Revenue and profit in line with expectations, no projections for Q4.

Read the complete press release

For further information, please contact:

Oranjewoud N.V.
Mr. G.P. Sanderink, CEO
Telephone: +31 (0)182 64 80 00

Mr. P.G. Pijper, CFO
Telephone: + 31 (0)36 530 81 91

 

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